Question
The accounting principle that requires expenses to be reported in the same period as the revenue that were earned as a result of those expenses
The accounting principle that requires expenses to be reported in the same period as the revenue that were earned as a result of those expenses is the _____________.
Multiple Choice
Expense recognition (matching) principle
Revenue recognition principle
Full Disclosure principle
Cost principle
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren
3rd Edition
0131800345, 978-0131800342
